Leases

3 Months Ended

Oct. 31, 2021

Leases [Abstract]

Lessee, Operating Leases

Leases

The components of lease costs were as follows:

	Three Months Ended
	October 31, 2021		November 1, 2020
Operating lease cost	$	19	$	20
Finance lease - amortization of right-of-use (ROU) assets	4		1
Short-term lease cost	13		10
Variable lease cost(1)	52		46
Sublease income	—		(1)
Total	$	88	$	76

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(1)Includes labor and other overhead in our service contracts with embedded leases.

The following tables summarize the lease amounts recorded in the Consolidated Balance Sheets:

	Operating Leases
	Balance Sheet Classification	October 31, 2021		August 1, 2021
ROU assets, net	Other assets	$	231	$	235
Lease liabilities (current)	Accrued liabilities	$	54	$	54
Lease liabilities (noncurrent)	Other liabilities	$	176	$	180
	Finance Leases
	Balance Sheet Classification	October 31, 2021		August 1, 2021
ROU assets, net	Plant assets, net of depreciation	$	38	$	29
Lease liabilities (current)	Short-term borrowings	$	15	$	11
Lease liabilities (noncurrent)	Long-term debt	$	24	$	19

The following table summarizes cash flow and other information related to leases:

	Three Months Ended
	October 31, 2021		November 1, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	19	$	21
Financing cash flows from finance leases	$	4	$	1
ROU assets obtained in exchange for lease obligations:
Operating leases	$	14	$	6
Finance leases	$	13	$	2